100% ownership of Kachi , no reason why we couldn't sell a percentage of it to fund development or other deposits/acreage held elsewhere


Lithium Carbonate Equivalent (LCE), for Kachi Project is a total resource of 4.4mt
• 1.0 million tonnes LCE at 290 mg/L lithium (Indicated), and
• 3.4 million tonnes LCE at 210 mg/L lithium (Inferred)

Operating cost (opex) C1 of US$4178/tonne Li2CO3 with Gas power , with solar down to US$2,500 per tonne of lithium carbonate Li2CO3

"Target lowering up-front costs – Solar power should lower energy costs"

Lilac Solution’s CEO Dave Snydacker said:

“Kachi is a globally important lithium project with its large brine
resource and environmentally-friendly process. With this PFS, we have demonstrated a non-utilities OPEX of
US$2,500 per tonne of lithium carbonate. The remaining 40% of OPEX is primarily due to energy from natural
gas at US$21/mmBTU. Given the excellent solar resource on site, we have a great opportunity to incorporate
solar PV and reduce OPEX. Looking at the capital cost structure, we see that 51% of CAPEX is related to site
works and contingency, so opportunities exist for cost reduction in upcoming engineering studies. The Lilac
team is excited to continue working closely with Lake to progress the development of Kachi.”

Interesting links

https://ir.livent.com/financials-and-filings/calendar-of-events/event-details/2020/2020-Goldman-Sachs-Industrials--Materials-Conference/default.aspx

Livent Corp -Previously known as FMC corp - Lithium Brine evaporation operation 100km north of Kachi

2020 Goldman Sachs Industrials & Materials Conference

May 13, 2020 11:15 AM ET

Webcast

https://auto.economictimes.indiatimes.com/news/auto-components/lithium-cobalt-production-to-soar-as-demand-for-clean-energy-increases-world-bank/75711345

Lithium, cobalt production to soar as demand for clean energy increases: World Bank

World Bank estimates more than 3 billion tonnes of minerals and metals will be needed as demand for new energy increases.

Washington DC : A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 per cent by 2050 to meet the growing demand for clean energy technologies.

It estimates that over three billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power as well as energy storage required for achieving a below two degrees celsius future.